And since the taxpayer was not able to file an administrative protest within 30 days from June 15, the tax assessment has become final and executory
'The reason is elemental in its simplicity: contrary to settled, unrelenting jurisprudence, it unconsciously and egregiously sought to alter and modify, as it indeed altered and modified, an already final and executory
verdict,' the high court said in the nine-page decision written by Justice Mariano del Castillo.
"A taxpayer can avail of the tax amnesty if the penalties cover taxable [year] 2017 and prior years and the assessment notices have become final and executory
on or before April 24, 2019," it said.
'The court finds no reason to disturb the doctrine of immutability of a final and executory
judgment,' the judge said.
Abu Dhabi: Tenancy contracts registered with the Abu Dhabi Municipality will have the status of executory
instruments, enabling landlords to approach the Enforcement Department directly to claim arrears, evacuation and handover of the leased property, in case tenants fail to pay.
An act or a decision can be issued by an administrative body in the exercise of its executory
or administrative function, however it cannot be reviewed judicially under Article 146 of the Constitution, because the main purpose of the act or the decision is not of public interest, but it defines citizens' civil rights.
'Historically, this SC's inability to effect or implement its judgments has, at times, led provinces to cloak their legal challenges against the federal government by indirectly facilitating individual citizens to file lawsuits against the federal government under Article 184 (3) for violations of constitutional fundamental rights of public importance a clause under which the Supreme Court does possess executory
jurisdiction,' he elaborated.
Target: Substantially all of Magnetation's remaining assets, certain liabilities, certain executory
contracts and leases
Generally, license agreements are "executory
contracts." A contract is executory
if performance remains outstanding on both sides of the agreement.
The NewPage court ruled that preference targets have a complete defense to a preference claim based on payments made under an executory
contract that the debtor had assumed.
Whether a Pension Plan is an Executory
These changes mean that preparers and key users (lenders, credit analysts, and equity analysts) will no longer have important information on operating leases (executory
contracts) that is now available under current GAAP.